coming up, a read on retail with tim boyle, the columbia sportswear ceo.arren buffett bets big on banks. fly from new york, this is bloomberg. ♪ alix: we turn to wall street beat, three things wall street is buzzing about this hour. brexit. the citigroup ceo says they have had no choice but to prepare for a hard brexit. buffett exit, walmart bet on banks. facebook's bad apple, unbelievable story. internal turmoil at facebook reveals mark zuckerberg insisted employees use android devices after tim cook criticize the company's model. david: that is the least critical part. joining us now is vince cignarella. brexit and with citigroup. i spoke to michael corbat yesterday. i asked what they were planning. he said hard brexit. i said if they backed off, would you change your plans? he said not so much. >> we have had no choice all along to assume a hard brexit, meaning no transition agreement. forave to be prepared basically brexit plus one to be fully open and have the ability to serve our client. david: if it went the other way, would you change? he said it i

. >> the ceo tim boyle says there's nothing the president can do to entice its company to make products in america. thank you for being with us. i guess your point is for a long time, we've tried to make these american companies into global companies where we source everywhere in the world, we sell everyone in the world. the goal of tariffs to cause you to do all your business in the united states doesn't work for your business. >> you have to remember the apparent and textle, the footwear and textile products have been since the '30s. this changed when the product sources started happening and really gained accelerated movement in the '70s and '80s. we began to see all the textile manufacturing expertise. all these specialized technical employment areas that are needed for the construction of footwear and apparel again to move offshore. we have to be kirful how we design our products so they can have beneficial tariff treatment. we're still one of the largest duty players in the united states, something like 48 duty payer. frankly, we're in the 48th largest company. it just shows you t